Coinbase is re-engaging with Indian regulators to restart operations after halting services in 2022 due to UPI payment issues.
The company expands globally with licenses in the UK and Argentina, focusing on better local support and payment options.
After closing most of its operations in India in 2022, crypto exchange Coinbase is currently in serious talks with Indian banking regulators about re-entering the country’s market. Given the several difficulties Coinbase had in the land of Bollywood, this phase was not taken easily.
BREAKING:
COINBASE TO RE-ENTER INDIA !! pic.twitter.com/zzeiXi3Xju
— Ash Crypto (@Ashcryptoreal) February 13, 2025
India’s Crypto Puzzle: Coinbase’s Second Attempt
Who could forget April 2022 Coinbase’s introduction into India? They arrived at that point totally excited and provided the ease of buying crypto assets using the Unified Payments Interface (UPI) payment system. Still, in just three days that optimism vanished.
Unbelievably, the Nationa
